Inv Vk Pa Valu (NYSE:VPV) to Issue $0.07 Monthly Dividend

Inv Vk Pa Valu (NYSE:VPV) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0667 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Monday, August 17th.

Inv Vk Pa Valu Price Performance

Shares of VPV opened at $10.82 on Tuesday. The company’s fifty day moving average price is $11.12 and its 200-day moving average price is $10.87. Inv Vk Pa Valu has a 1-year low of $9.87 and a 1-year high of $11.50.

Institutional Trading of Inv Vk Pa Valu

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. purchased a new stake in Inv Vk Pa Valu during the 4th quarter valued at about $41,000. River Street Advisors LLC acquired a new position in shares of Inv Vk Pa Valu in the fourth quarter valued at about $121,000. Royal Bank of Canada raised its stake in shares of Inv Vk Pa Valu by 21.8% in the fourth quarter. Royal Bank of Canada now owns 17,951 shares of the financial services provider’s stock worth $188,000 after purchasing an additional 3,217 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Inv Vk Pa Valu in the first quarter worth about $236,000. Finally, Raymond James Financial Inc. raised its stake in shares of Inv Vk Pa Valu by 40.5% in the second quarter. Raymond James Financial Inc. now owns 31,439 shares of the financial services provider’s stock worth $316,000 after purchasing an additional 9,068 shares during the last quarter.

Inv Vk Pa Valu Company Profile

Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.